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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique.

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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. Martus Desktop 4.5

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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

The startup has now set out to activate more mutti pharmacies to widen its reach and to build out its tech-infrastructure as it readies itself for the next phase of growth after raising $35 million in Series D round. mPharma is also present in Gabon where it has a contract with the government to build a drug supply chain infrastructure.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

Started by a nightclub promoter tired of an unfulfilling job, charity:water doesn’t even have a marketing team but raises millions annually to give 800 million people the resource they are so lacking: access to clean drinking water. Charity:water’s latest campaign for 2014 is focused around donating to the people of Malawi, Africa.

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Since launching in 2019, the African payments company has partnered with Visa to launch Barter; Alipay to offer digital payments between Africa and China; and Worldpay FIS for payments in Africa.

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Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

TechCrunch

They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . In retrospect, though, Mlambo and Martini’s experience as founders of Zazu, where they raised over $2 million as one of Zambia’s most funded startups, cannot be written off as a contributor to Union54’s seeming success.

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mPharma, a telehealth pioneer out of Ghana, gets physical with 100 virtual centers across Africa

TechCrunch

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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